Pat Dempsey

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Upscale Lincoln Plaza Shopping Center Sells for $25 Million

SCOTTSDALE, AZ – Lincoln Plaza Shopping Center, located on the SWC of Scottsdale Rd. and Lincoln Dr. in Scottsdale, was sold to an investment group for $25 million ($330 PSF). AJ’s Fine Foods supermarket anchors this premier retail center that is poised for future redevelopment. Lee & Associates’ Fincham/Dempsey Investment Team, led by principals Pat […]

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SW Phoenix Shopping Center Trades for $11.2M in All Cash, Value Add Deal

PHOENIX, AZ – The South Mountain Crossing shopping center at 3636 W. Southern Ave. in Phoenix, sold for $11,172,825 ($84 PSF) in an all-cash, value add investment sale. The sale closed on June 20. The transaction includes the 132,314-square-feet shopping center space, 4 developable pads and a 6.6 acre parcel for future retail development. Lee

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